Asia-Pacific Modular Kitchen Market, By Product (Floor Cabinet, and Wall Cabinet), Layout (Straight Layout, L-Shaped Layout, U-Shaped Layout, Parallel Layout, Island Kitchen, and G-Shaped), Raw Material (Wood, Metal, Fiber/Plastic, and Others), Application (Residential, and Commercial), Construction (New Construction, Renovation and Repair), Distribution Channel (Offline, and Online), Industry Trends and Forecast to 2029.
Asia-Pacific Modular Kitchen Market Analysis and Size
Growing residential construction and renovation activities across the globe are an important driver for the Asia-Pacific modular kitchen market. The increasing demand for space-saving and efficient storage among consumers and the rising consumer preference for a charcoal grey, champagne, and cream colors interiors are expected to propel the growth of the Asia-Pacific modular kitchen market.
Data Bridge Market Research analyses that the modular kitchen market is expected to reach a value of USD 2,156,222.65 thousand by the year 2029, at a CAGR of 5.9% during the forecast period. "Residential" accounts for the most prominent application segment in the respective market owing to the rise in modular kitchens. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Thousand
By Product (Floor Cabinet, and Wall Cabinet), Layout (Straight Layout, L-Shaped Layout, U-Shaped Layout, Parallel Layout, Island Kitchen, and G-Shaped), Raw Material (Wood, Metal, Fiber/Plastic, and Others), Application (Residential, and Commercial), Construction (New Construction, Renovation and Repair), Distribution Channel (Offline, and Online).
China, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, Vietnam, Cambodia, South Korea, Taiwan, Hong Kong, and the Rest of Asia-Pacific.
Market Players Covered
nobilia, Hettich Holding GmbH & Co. oHG, Bulthaup GmbH & Co KG, Sleek International Pvt Ltd. (A subsidiary of Asian Paints), SieMatic Möbelwerke GmbH & Co. KG, Alea Modular Kitchen, Godrej Interio, Kohler Co., Lukwood Kitchen, Nexus Interio Private Limited, Pedini SpA, Snaidero Rino Spa, and Wudley Modulars, among others.
A modular kitchen is defined as a modern kitchen with furniture that has been constructed in modules or units. The name modular kitchen originates from the idea of the module. They consist of small sections or modules which are accumulated together to form a complete kitchen. They comprise of cabinets or storage units of standard sizes customized as per the kitchen sizes and layout. Modular kitchen designs break down large systems into essential parts to meet various customer needs, replicating flexibility and agility. They are usually a combination of wall units and base units.
Modular kitchen advances over the traditional kitchen in terms of hygiene, space management, cost-efficiency, and easy and low maintenance. The biggest advantage of modular kitchens is that they can be assembled and reassembled. They allow an efficient workflow even in very compact spaces. Modular kitchens are popular today because of their sleek and smooth finishes. They are light on the eyes as they are designed with fine and clean edges. The cabinets and other accessories are available in different styles, colors, and patterns.
Market Dynamics of the Asia-Pacific Modular Kitchen Market
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail as below:
Drivers/Opportunities Faced by the Asia-Pacific Modular Kitchen Market
- Growing residential construction and renovation activities across the globe
The modular kitchen construction is increasing in the residential sector, due to which the demand for modular kitchens is rising. These types of kitchens take less space and work efficiently. Several companies are engaged in providing designer and good-looking modular kitchens. Moreover, consumers who are moving to their new spaces and renovating older ones prefer modular kitchen solutions, which can contribute to the modular kitchen market. Thus, growing residential construction and renovation activities across the globe are expected to contribute to the Asia-Pacific kitchen market
- Increasing demand for space-saving and efficient storage among consumers
Several companies are producing space-saving and efficient storage modular kitchen solutions that consume less space and work efficiently. The manufacturers have also introduced the glossy and laminated theme for the modular kitchen. Nuclear families who need more space in their homes are more inclined toward installing a modular kitchen. Moreover, modular kitchen furniture is designed for modern spaces, which are more open and spacious. It keeps up with the new trends and is open for customization in drawers, cabinets, countertops, or micro-compartments for better organization. As a result, increasing demand for space-saving and efficient storage among consumers can be considered as one of the major drivers of the Asia-Pacific kitchen market growth
- High adoption of the modular kitchen due to changing the lifestyle pattern of consumers
As the standard of living increases, the socio-economic condition accessible to the person or a particular group of people improves. Since post-lockdown people spend most of their time in the kitchen cooking, eating, and working, the need for spacious and standard look kitchens is increasing. The desire to bring aesthetics to the home and improve its look would cause a surge in the demand, sales, and profit of modular kitchens. Thus, lifestyle changes and living standards could be substantial drivers for the Asia-Pacific kitchen market growth
- Increasing investments in the construction industry
The growing hospitality and food service industry has led to an increase in the number of people traveling and dining out. The leading international hoteliers are expanding their businesses to drive next-level growth. Growing demand for food services such as restaurants, cafes, and food joints, among others, is penetrating the market. The number of fast-food chains and food outlets is also on the rise. The participants in the food service industry are exploring ways to optimize their facilities in terms of space and efficiency while maintaining proper hygiene, which directly impacts the demand for modular kitchens. Modular kitchens have merged into the living and dining spaces, creating one big space for family and friends to have a great time. Furthermore, the emergence of nuclear families, an increasing number of housing projects, growth in organized retails, and a shift in changing home aesthetics may provide various growth opportunities for the Asia-Pacific kitchen market
- Technological advancements and launching new products to flourish the market
With the entry of new players, the modular kitchen industry is witnessing a creative boom with multiple designs and ideas to choose from. Since these kitchens are customized based on the consumer's requirements, various elements can easily be considered in one place, such as layout, color scheme, accessories, and appliances. The participants in the modular kitchen industry are exploring ways to expand their services in every possible way. They are working on enabling online delivery facilities and providing better after-sale services. New-age marketing strategies and social media engagements are also being adopted. Various factors, such as internet penetration, the rise in smartphone users, and social media influence, among others, have boosted online sales. Furthermore, new lifestyles, higher disposable incomes, and increasing consumer awareness create demand for technologically advanced products. This, in turn, provides new opportunities for the growth of the Asia-Pacific kitchen industry.
Restraints/Challenges Faced by the Asia-Pacific Modular Kitchen Market
- High costs associated with the installation of modular kitchen
There is a requirement for proper ventilation in a modular kitchen to vent out the cooking fumes and allow fresh air to enter. The smoke from cooking should not be allowed to collect inside the kitchen. Thus, installing a chimney or an exhaust fan becomes crucial. The door or window in the kitchen should ideally open into the balcony or open area to vent out the fumes. There should be enough space for fresh air to come in easily
Moreover, it is important to ensure natural light is available during the day. However, there are overhead lights and under-cabinet lights available, which are in trend among consumers these days. Therefore, maintaining proper ventilation and lighting in the modular kitchen also costs additional. Therefore, the high installation costs for modular kitchens and the need for technical assistance while installation and repair may hinder the growth of the Asia-Pacific kitchen market
- Fluctuation in the prices of raw materials
The raw material is available in various qualities and at different rates, due to which production of modular kitchen products is very difficult for the manufacturers. Highly fluctuating raw materials costs and ineffective price management can greatly impact a manufacturer in the market. Due to the fluctuation in the raw material price, the manufacturers cannot fix the cost of the product, which further results in a loss for the manufacturers. Different types of raw materials, such as plastic, metal, and wood, are used to produce modular kitchen products. Thus, more fluctuation in the raw materials price will result in losses to the manufacturers and not the ability to invest more in the market. So, the fluctuation in the raw material prices is expected to challenge the market
- High maintenance costs associated with the modular kitchen
The materials used in the kitchen also play a crucial role in the durability, maintenance, and life cycle of the modular kitchen. It is important to select a justified material in terms of functionality, durability, and aesthetics. Therefore, it is essential to understand different materials, whether renovating an old kitchen or building a new one from scratch. The selection of the correct base materials is critical in determining the longevity of the kitchen. Selecting low-maintenance materials, especially for kitchens, is desirable to many customers. Customers even opt for color combinations that are easier to maintain and do not get stained frequently. However, reaching out to an expert regarding material, and color consultations that would work for the kitchen again comes with additional costs
Post COVID-19 Impact On Asia-Pacific Kitchen Market
COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. Due to the lockdown, the market has experienced a downfall in sales due to the shutdown of retail outlets and the restrictions on customer access over the past few years.
However, the growth of the market post-pandemic period is attributed to more people working from home and increased disposable income. This has led to the increased demand for furnishing and renovations. The key market players are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple R&D activities to improve their offerings. They are enhancing its market share by exploring different retail channels and expanding into new regions.
This Asia-Pacific modular kitchen market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Modular kitchen market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed market decision to achieve market growth.
- In May 2021, Hettich Holding GmbH & Co. oHG won the prestigious iF Design Award in the Kitchen category. The jury awarded the prize to the slimline AvoriTech drawer system. The AvoriTech drawer system, with its slimline 8 mm drawer side profile and rear panel, offers aesthetic appeal and exclusive materials quality. These awards will help the gain to increase its brand recognition among consumers
Asia-Pacific Modular Kitchen Market Scope
The Asia-Pacific modular kitchen market is segmented on the basis of product, layout, raw material, application, construction, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Floor Cabinet
- Wall Cabinet
On the basis of product, the Asia-Pacific kitchen market is segmented into floor cabinet, and wall cabinet.
- Straight Layout
- L-Shaped Layout
- U-Shaped Layout
- Parallel Layout
- Island Kitchen
On the basis of the layout, the Asia-Pacific kitchen market is segmented into straight layout, L-shaped layout, U-shaped layout, parallel layout, island kitchens, and G-shaped.
On the basis of raw materials, the Asia-Pacific kitchen market is segmented into the wood, metal, fiber/plastic, and others.
On the basis of application, the Asia-Pacific kitchen market is segmented into residential and commercial.
- New Construction
- Renovation And Repair
On the basis of construction, the Asia-Pacific kitchen market is segmented into new construction, renovation and repair.
On the basis of the distribution channel, the Asia-Pacific kitchen market is segmented offline, and online.
Asia-Pacific Modular Kitchen Market Regional Analysis/Insights
The Asia-Pacific modular kitchen market is analyzed, and market size insights and trends are provided by country, product, layout, raw material, application, construction, and distribution channel, as referenced above.
The countries covered in the Asia-Pacific modular kitchen market report are China, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, Vietnam, Cambodia, South Korea, Taiwan, Hong Kong, Rest of Asia-Pacific.
China is dominating the market due to a rise in consumer spending on modular kitchens in renovating homes and furniture in the region. The rise in investments and initiatives towards construction activities for both commercial and residential is propelling the region's demand for modular kitchens.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Modular Kitchen Market Share Analysis
The Asia-Pacific modular kitchen market competitive landscape provides details by a competitor. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the Asia-Pacific modular kitchen market.
Some of the major players operating in the Modular kitchen market are nobilia, Hettich Holding GmbH & Co. oHG, Bulthaup GmbH & Co KG, Sleek International Pvt Ltd. (A subsidiary of Asian Paints), SieMatic Möbelwerke GmbH & Co. KG, Alea Modular Kitchen, Godrej Interio, Kohler Co., Lukwood Kitchen, Nexus Interio Private Limited, Pedini SpA, Snaidero Rino Spa, and Wudley Modulars among others.